For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i= interest rate, and n = number of years) (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) 1. 2. 3. 4. 5. Present Value Future Value $ 66,000 80,000 44,421 $ 11,637 $ 46,500 41,559 $ 165,000 24,321 $ $ $ $ i 11.0% 8.0% 6.0% n 11 15 16 12

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 12MC: (1) What is the value at the end of Year 3 of the following cash flow stream if the quoted interest...
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For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i =
interest rate, and n = number of years) (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s)
from the tables provided. Round your final answers to nearest whole dollar amount.)
1.
2.
3.
4.
5.
Present Value Future Value
66,000
80,000
46,500
165,000
$
$ 44,421 $
11,637 $
41,559 $
24,321
$
$
i
11.0%
8.0%
6.0%
n
11
15
16
12
Transcribed Image Text:3 For each of the following situations involving single amounts, solve for the unknown. Assume that interest is compounded annually. (i = interest rate, and n = number of years) (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) 1. 2. 3. 4. 5. Present Value Future Value 66,000 80,000 46,500 165,000 $ $ 44,421 $ 11,637 $ 41,559 $ 24,321 $ $ i 11.0% 8.0% 6.0% n 11 15 16 12
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